The narrative about Africa in global economic discourse has undergone a seismic shift. No longer portrayed primarily through the lens of aid dependency and underdevelopment, the continent is increasingly recognised as the world's most dynamic economic frontier.
Six of the world's ten fastest-growing economies in 2024 are African nations. The African Continental Free Trade Area — the world's largest free trade zone by participating countries — is generating new trade corridors and industrial ecosystems that economists compare to the early stages of East Asia's economic miracle.